CESTAT deletes Penalty for alleged Gold Smuggling imposed without proper investigation

Jaison James Vs Commissioner of Customs (CESTAT Chennai) The Revenue, having alleged one Salman as the mastermind, has not bothered to place anything on record, which has left innumerable doubts and questions unanswered, like the above. Penalty, therefore, cannot be imposed on surmises, assumptions and presumptions and there is not even any circumstantial evidence brought on record against these appellants, to justify penalty under ‘Section 112’. The one and only allegation against these appellants is that they knew one Salman, the alleged mastermind. They have not even bothered to make pr...